IFRS requires companies to reconcile the carrying value of property, plant and equipment at the beginning of the period with the carrying value at the end of the period.

Question

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IFRS requires companies to provide a reconciliation of the carrying amount of property, plant, and equipment at the beginning and end of the period, showing additions, disposals, revaluations, and other changes.

IFRS Requires Companies to Reconcile the Carrying Value of Property